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Updated over 7 years ago on . Most recent reply

User Stats

32
Posts
5
Votes
Lisa Sessions
  • Rental Property Investor
  • New Gloucester, ME
5
Votes |
32
Posts

Under contract - now what...

Lisa Sessions
  • Rental Property Investor
  • New Gloucester, ME
Posted

Hi BP, 

I have a beach (not ocean front, a street or two back) house in Topsail Beach, NC under contract (this past weekend).  Its a duplex, one short term rental, one long term rental. The current owners have a long term tenant in the entire place (both units) until Dec when the lease ends. During our due diligence phase, we are doing the inspections etc. The plan is to self manage and continue with the short term and long term rentals.  

We plan to use AirBnB/VRBO for bookings.  What things can I do now to ensure that we are hitting the ground running on this rental property?

  • Lisa Sessions
  • Most Popular Reply

    User Stats

    893
    Posts
    1,136
    Votes
    Jon Crosby
    • Investor
    • Roseville, CA
    1,136
    Votes |
    893
    Posts
    Jon Crosby
    • Investor
    • Roseville, CA
    Replied

    Congratulations @Lisa Sessions! Sounds like a great investment! You question probably requires a longer answer and some more context to your situation but I welcome you check out a few BP blogs I posted regarding STR/VR's here:

    https://www.biggerpockets.com/blogs/10042-vacation...

     If you have any specific questions, feel free to reach out directly. 

    Good luck to you and congrats again! 

    Cheers!

    ~Jon

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